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Post by man in the stand on May 3, 2024 19:06:01 GMT
For information the 1st open house held today. Along with the club officials about 50 members including Athers who sat with the members but left part way through.
Not sure we learned anything new....no indication whether LCCC would sell part of their 51%. LCCC will be consulted on who buys the ECB shareholding and there should be some control on how any investor/partner sells on any Hundred shares they acquire.
No idea so far on the actual value of a Hundred team.
Only one person expressed a view against LCCC acquiring 51%. I'm in favour - if we don't then someone else may take it....
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Post by John W on May 9, 2024 12:44:37 GMT
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Post by Admin on May 9, 2024 12:55:40 GMT
By the way did anyone notice that the August competition now starts in July
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Post by chris on May 9, 2024 14:46:49 GMT
Interesting? Depressing:
The problem is the collateral damage to all the other bits. The Hundred is unavoidably parasitic. It requires every other format to be subjugated and run down, although part of this is a deliberate managed decline to ensure its own success. People who have supported the game and kept it alive like the other formats. Test cricket is still the greatest cash cow. It is currently being asked to subsidise the thing that will cut its legs off, a Hundred that provides no players, no pathway, no midsummer stage in return.
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Post by John W on May 9, 2024 15:21:32 GMT
Interesting? Depressing:
The problem is the collateral damage to all the other bits. The Hundred is unavoidably parasitic. It requires every other format to be subjugated and run down, although part of this is a deliberate managed decline to ensure its own success. People who have supported the game and kept it alive like the other formats. Test cricket is still the greatest cash cow. It is currently being asked to subsidise the thing that will cut its legs off, a Hundred that provides no players, no pathway, no midsummer stage in return.
I could quite easily have exchanged interesting for depressing! |
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Post by exile on May 14, 2024 10:49:42 GMT
The elephant in the room in all these discussions is that fewer and fewer young people in this country are playing cricket. Between 2018 and 2022 the proportion of children aged between 5 and 16 playing any sort of cricket peaked at 8%. The ECB trumpets this miniscule figure as evidence that cricket is "in a strong position" but it would say that...The rest of us can see that there is nowhere near enough interest in cricket among young people to provide either a fan base or enough quality recruits to the professional game. The only exceptions to this dismal picture are those of South Asian heritage, among whom cricket remains very popular, but their aspirations are thwarted by snobbery and racism (30% of "grassroots" cricketers in this country are of S.Asian heritage but this pool of talent provides fewer than 7% of professional cricketers).
I don't see The Hundred surviving once tickets stop being subsidised/given away because (a)no-one cares who wins these games (including the players) and (b) the rest of the world prefers the IPL format so, if the franchises start being owned by hedge funds or oil states, it's only a matter of time before the 100 ball format is scrapped.
As regards the future of what most of us on this forum would see as "proper" cricket, the only way for it to survive is to re-establish it as the national summer sport. There was a chance of this happening in 2005 but the ECB blew it. I'm not optimistic.
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Post by lancsdes on May 14, 2024 11:33:40 GMT
Thanks for plunging me even further into my depression Exile but every word is correct.
Look on the positive side Platt. At least you are nearly 66, not 26.
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Post by man in the stand on May 14, 2024 12:02:02 GMT
The accounts for the Manchester Originals for season 2022 shows a turnover of £1.9M (ie £0.475 per home match). This income likely includes TV rights and other items, and there seems also to be an addtional sum of £0.460m owed by the ECB.
Against that costs were very high; a small gross profit £60,000 (3%) (ignoring the amount owed by the ECB) . Lancs and the other potential Hundred "owners" believe that they can reduce the costs. If they can't then will anyone want to buy part of a Hundred team?
I'm not a Hundred fan but I do watch the games on TV but I do believe that it has attracted new support to cricket which might increase the number of children playing cricket.
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Post by John W on May 14, 2024 18:21:27 GMT
The accounts for the Manchester Originals for season 2022 shows a turnover of £1.9M (ie £0.475 per home match). This income likely includes TV rights and other items, and there seems also to be an addtional sum of £0.460m owed by the ECB. Against that costs were very high; a small gross profit £60,000 (3%) (ignoring the amount owed by the ECB) . Lancs and the other potential Hundred "owners" believe that they can reduce the costs. If they can't then will anyone want to buy part of a Hundred team? I'm not a Hundred fan but I do watch the games on TV but I do believe that it has attracted new support to cricket which might increase the number of children playing cricket. I also believe that the hundred has attracted new support to cricket by the constant banging and drumming from BBC and Sky via the ECB making it impossible to ignore especially in school holidays ie August. Are we seeing any hundred adverts on BBC at the moment (May), if we are then I've missed them! |
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Post by Admin on Jul 19, 2024 6:26:52 GMT
Apparently the sale of the made up teams is not exactly going tom plan, investors want 51% of the clubs ownership however only two Northern Somebody or others and London Spit are willing to do this.
Therefore investors will not be putting as much money in indeed the investment will just about clear the combined debt of the 18 counties which is said to be 200 million.
Looks like the golden egg isn't there, also the ECB want all monies paid up front.
This competition is doomed to fail
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Post by oldhamexile on Jul 19, 2024 10:30:16 GMT
Apparently the sale of the made up teams is not exactly going tom plan, investors want 51% of the clubs ownership however only two Northern Somebody or others and London Spit are willing to do this. Therefore investors will not be putting as much money in indeed the investment will just about clear the combined debt of the 18 counties which is said to be 200 million. Looks like the golden egg isn't there, also the ECB want all monies paid up front. This competition is doomed to fail I was at the Oval last night, near sell out, and I expect there will be very healthy crowds up and down the country this evening. The Hundred is a competition too far, a trojan horse to destroy the championship and the counties. Play the T20 Blast over 4/5 weeks during the school holidays and let's get the rest of the season back. |
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Post by esteban on Jul 20, 2024 9:20:52 GMT
Slightly surprising but extremely welcome comment from our own David Lloyd in his Daily Mail column today (page 101) in which he states;
"The Hundred Isn't For Me"
"I haven't been taken in by the Hundred. It seems like a C-List celebrity cricket.
In contrast, the Blast is tried and tested. On the field the competition is fierce.
It's still a long way ahead of the ECB's 100-ball-a-side tournament" ........................Well said David!
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Post by man in the stand on Jul 20, 2024 19:54:33 GMT
Apparently the sale of the made up teams is not exactly going tom plan, investors want 51% of the clubs ownership.......... Should that be 51% of the team? |
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Post by Admin on Jul 20, 2024 20:39:22 GMT
Apparently the sale of the made up teams is not exactly going tom plan, investors want 51% of the clubs ownership.......... Should that be 51% of the team? Yep but you never know |
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Post by man in the stand on Jul 22, 2024 13:34:00 GMT
" The way in which the teams are being sold raises the prospect of an investor not being able to buy a complete or controlling share of any of the eight.
Venky Mysore, managing director of IPL team Kolkata Knight Riders, told the BBC investors will see this as a “challenge”.
It is understood that at least three of the eight hosts are planning on keeping their 51%, while at least two are looking to sell some of their share.
In return for their investment, new owners will have the opportunity to change the names, colours and branding of their teams."
Extract BBC Article...looks like we could change the name to the Lancashire Hotpots!
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